GRAY HEIRS

Operated by BURK ROYALTY CO., LTD. (P-5 108799) in the WANDERS CREEK (TRAVIS PEAK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 262346District 06Field 95055800CondensateGasSaveExport
Value, all time
$8 k
Jun 2011 – Dec 2016
Value, last 12 filed months
$706
at the published price for each month
Months reported
67
no gaps in the span
Streams
2
condensate, gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 9 leases and 9 wells, and the rule below applies to all of them.

Discovered
1984-12-18
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 09/01/2009.

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
CondensateDisposition81 bbl$3,830
GasProduction1,100 Mcf$3,931
Total$7,762

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 31.7669, -94.4536. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.76693, -94.45355 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
11,347 ft
1 wells filed one
Completion to plug
8.8 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 11,347 ft.

Completions filed
Mar 2007
1 of 1 wells
Plug dates filed
Dec 2015
1 of 1 wells

Last completion to plug: a median of 8.8 years across the 1 well that filed both dates, with the middle half between 8.8 years and 8.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-34732411111,347 ftMar 2007Dec 2015Yes

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (67)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

67 months

Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 201617041.553.10$706
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 201503338.792.17$72
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 201563048.152.95$3,033
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 201501242.892.93$35
Feb 201501144.662.98$33
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 201401889.394.04$73
Jul 20140096.564.18$0
Jun 201401198.164.74$52
May 20140094.734.73$0
Apr 201403395.944.81$159
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 201411090.404.86$139
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130397.423.78$11
Sep 2013029104.113.72$108
Aug 201300104.253.52$0
Jul 2013043102.523.72$160
Jun 201304594.403.93$177
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130593.623.91$20
Feb 20130091.233.42$0
Jan 201309191.603.42$311
Dec 201207686.773.42$260
Nov 201203286.953.62$116
Oct 20120089.383.40$0
Sep 201204294.672.92$123
Aug 201201692.662.91$47
Jul 201205985.133.02$178
Jun 20120079.822.52$0
May 201202391.612.49$57
Apr 2012020101.652.00$40
Mar 201200105.052.22$0
Feb 2012073101.102.57$188
Jan 20120898.092.73$22
Dec 201104996.873.24$159
Nov 20110795.723.31$23
Oct 2011012184.983.65$441
Sep 201101683.623.99$64
Aug 201104483.404.15$183
Jul 2011012694.144.52$569
Jun 201104492.904.64$204

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

Sep 2016 — as filed, then multipliedworked
Condensate            17 bbl  × $ 41.55 =       $706
Gas                    0 Mcf  × $  3.10 =         $0

────────────────────────────────────────────────────
Month total                                     $706

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 06/G/262346 is the state's own key, not one this site invented.